A group of Japanese technology companies, including Fujitsu, TBT Lab, and Mitsubishi, signed an agreement on Feb. 27 to create the "Japan Metaverse Economic Zone."
The new collaboration is aimed at helping advance Japan's metaverse plans.
The companies agreed to work together to build Ryugukoku, an open metaverse infrastructure.
- Ryugukoku will allow collaboration and interoperability between different Metaverse services and platforms available in Japan.
- This includes gamification, fintech IT, and communication technologies.
- The agreement mentions "providing this infrastructure to companies and government agencies outside Japan."
- Ryugukoku is reportedly designed as a new social infrastructure for enterprise digital transformation.
Last year, the Prime Minister of Japan announced Japan's plans to grow the country's NFT and metaverse industries.
